\n<\/p>\n
Dong stressed that the closure isn\u2019t due to financial loss.<\/p>\n
\u201cWe can still break even,\u201d he explained over the phone. \u201cIt\u2019s not that we\u2019re making a loss. But it\u2019s just not sustainable anymore \u2013 not physically, not mentally.\u201d<\/p>\n
He is currently seeking S$300,000 (US$230,700) either for a full takeover or as an investment from someone who wants to run the business together with him. \u201cI\u2019m open to negotiation,\u201d he stressed. \u201cThe important thing is finding someone who can help carry this properly into the future.\u201d<\/p>\n
He arrived at the figure after roughly factoring in severance for longtime staff and payments to suppliers \u2013 though he admitted he hasn\u2019t had much headspace to plan beyond that.<\/p>\n
The past year has stretched Dong to his limits. While managing the Geylang HQ, he was also juggling the launch of Yong He 1986, a new takeaway outlet at Far East Plaza that opened around three months ago. Dong is a co-owner, but clarified that the concept was fully funded by a close friend \u2013 he declined to share the sum. \u201cI provide the food, recipes and expertise. My friend handles operations,\u201d he said.<\/p>\n
Because he had to split his attention, the flagship Geylang shop became increasingly difficult to sustain. As footfall dipped, many of Yong He\u2019s long-serving staff \u2013 who are mostly in their seventies \u2013 chose to resign voluntarily just to help the shop survive. \u201cWe used to have more than a dozen workers. Now there are only three left,\u201d he said, his voice softening.<\/p>\n
With no manpower to spare, the self-proclaimed former \u201cshao ye\u201d (young master) who once enjoyed a comfortable life suddenly found himself washing dishes, cooking, cashiering, and serving tables. The 24-hour operations meant he often slept only a few hours a night \u2013 sometimes in his car parked nearby.<\/p>\n
Despite the gruelling work, there was no space for self-pity. \u201cSince I had committed to taking over the business, I was determined to do whatever it takes,\u201d he said.\u00a0<\/p>\n<\/div>\n